Ethernity Chain Token Economics

Ethernity Chain
2 min readMar 15, 2021

It’s been 7 days since the ERN token TGE. In this time we have announced authenticated NFT collaborations with the Winklevoss Brothers, Michael Rubin, Dimitri Vegas, Like Mike, Alesso, Bruce Buffer, and Christian Vieri. We have also exclusively licensed Muhamad Ali’s rights for the first-ever NFT of historical significance and announced a strategic partnership with SuperFarm.

At the time of publishing this report, ERN has been transferred 30,954 times and has 7,279 holders.

Tokenomics Table
Unlock Schedule

ERN Token Distribution

Total Supply: 30,000,000 ERN

Day 1 Circulating Supply: 4,340,000

Team & Advisors: 6M ERN (20%)

  • 12-month cliff
  • 12-month vesting schedule
  • Circulating Supply: 0 ERN

Partnerships: 2.4M ERN (8%)

  • 1-month cliff
  • 14-month vesting schedule
  • Circulating Supply: 0 ERN

Ecosystem Expansion: 1.8M ERN (6%)

  • 3-month cliff
  • 24-month vesting schedule
  • Circulating Supply: 0 ERN

Staking & Rewards: 3.6M ERN (12%)

  • Unlocked as needed, maximum 50k ERN per month
  • Circulating Supply: 50k ERN

Reserves: 4.5M ERN (15%)

  • 3-month cliff
  • 24-month vesting schedule
  • Circulating Supply: 0 ERN

Private: 9.2M ERN (30.66%)

  • Private round price: $0.275 / ERN
  • TGE Unlock: 20%
  • 8 Weeks of equal unlocks starting 1 week after IDO
  • Circulating Supply: 1.84 M ERN
  • Circulating Supply in 8 weeks: 10.2M ERN

IDO: 1M ERN (3.33%)

  • Public IDO price: $0.275 / ERN
  • 100% unlocked
  • Circulating Supply: 1M ERN

Liquidity: 1.5M ERN (5%)

  • Circulating Supply: 727,273k ERN (DEX & Other Exchange Liquidity)

What is Ethernity Chain?

Ethernity is the groundbreaking authenticated NFT project which auctions verified artwork featuring the top artists and stars from music, film, sports, and entertainment. Each of these digital artworks is represented as a non-fungible token (NFT). The pieces feature well-known public figures and a portion of all funds raised from the endeavor will be donated to charitable causes.

Ethernity Chain combines the utility of DeFi and merges it with NFTs to create an exclusive pipeline to rare, collectible content from notable figures and well-established digital artists.

👉 Ethernity Chain Links:

➡️ Website (https://ethernity.io/)
➡️ Twitter (https://twitter.com/EthernityChain)
➡️ Discord (https://discord.gg/EtPCBmDUHY)
➡️ Medium (https://ethernitychain.medium.com/)
➡️ Telegram Group (https://t.me/ethernitychain)
➡️ Telegram ANN (https://t.me/ethernitychainnews)

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Ethernity Chain
Ethernity Chain

Written by Ethernity Chain

Redefining the Future of Entertainment With AI. The Ethernity Chain L2 launching soon. Powered by $ERN

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